Visa Acquires Payworks
The financial services company announced that it has acquired the Germany-based payment gateway software company.
The deal looks to combine Payworks’ cloud-based technology with Visa’s digital payment management platform to create solutions for merchants.
The acquisition follows a strategic partnership between both parties which was made in 2018.
Financial terms of the deal were not disclosed.
Kohl’s Begins Hiring for the Upcoming Holiday Season
The retail company announced that it has begun hiring seasonal staff to better support its stores and distribution centers over the next few months.
The company expects to hire for positions across 500 stores, which according to the company is “nearly double the number of stores with early hiring positions compared to last year.”
Amazon Shares a Few Highlights from its Prime Day Sale
The technology company shared a few highlights from its annual Prime member sale on July 15 and 16th.
The company stated that more than 175 million items were purchased over the two-day sale. The company stated that shoppers from more than 18 countries took part in the deals.
Amazon stated that independent third-party sellers exceeded $2 billion in sales during Prime Day.